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Report Date : |
02.09.2013 |
IDENTIFICATION DETAILS
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Name : |
AIC HANDELS GMBH |
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Registered Office : |
Menzelstr. 7, D 14467 Potsdam |
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Country : |
Germany |
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Financials (as on) : |
31.12.2011 |
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Date of Incorporation : |
21.02.1995 |
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Com. Reg. No.: |
HRB 16332 P |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Sale of cars and light motor
vehicles |
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No. of Employees : |
03 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Slow but Correct |
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Litigation : |
Clear |
NOTES:
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
Germany |
A1 |
A1 |
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Risk Category |
ECGC Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
GermanY ECONOMIC OVERVIEW
The German economy - the fifth largest economy in the world in PPP
terms and Europe's largest - is a leading exporter of machinery, vehicles,
chemicals, and household equipment and benefits from a highly skilled labor
force. Like its Western European neighbors, Germany faces significant
demographic challenges to sustained long-term growth. Low fertility rates and
declining net immigration are increasing pressure on the country's social
welfare system and necessitate structural reforms. Reforms launched by the
government of Chancellor Gerhard SCHROEDER (1998-2005), deemed necessary to
address chronically high unemployment and low average growth, contributed to
strong growth in 2006 and 2007 and falling unemployment. These advances, as
well as a government subsidized, reduced working hour scheme, help explain the
relatively modest increase in unemployment during the 2008-09 recession - the
deepest since World War II - and its decrease to 6.5% in 2012. GDP contracted
5.1% in 2009 but grew by 4.2% in 2010, and 3.0% in 2011, before dipping to 0.7%
in 2012 - a reflection of low investment spending due to crisis-induced
uncertainty and the decreased demand for German exports from recession-stricken
periphery countries. Stimulus and stabilization efforts initiated in 2008 and 2009
and tax cuts introduced in Chancellor Angela MERKEL's second term increased
Germany's total budget deficit - including federal, state, and municipal - to
4.1% in 2010, but slower spending and higher tax revenues reduced the deficit
to 0.8% in 2011. In 2012 Germany reached a budget surplus of 0.1%. A
constitutional amendment approved in 2009 limits the federal government to
structural deficits of no more than 0.35% of GDP per annum as of 2016 though
the target was already reached in 2012. By 2014, the federal government wants
to balance its budget. Following the March 2011 Fukushima nuclear disaster,
Chancellor Angela Merkel announced in May 2011 that eight of the country's 17
nuclear reactors would be shut down immediately and the remaining plants would
close by 2022. Germany hopes to replace nuclear power with renewable energy.
Before the shutdown of the eight reactors, Germany relied on nuclear power for
23% of its electricity generating capacity and 46% of its base-load electricity
production
|
Source : CIA |
AIC Handels GmbH
Menzelstr. 7
D 14467 Potsdam
Telephone: 0331/2001977
Telefax:
0331/2001978
Homepage:
www.aic-group.eu
E-mail:
aic-potsdam@aic-group.eu
active
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 21.02.1995
Shareholders'
agreement: 21.02.1995
Registered on: 18.10.2002
Commercial Register: Local court 14467 Potsdam
under: HRB
16332 P
Share capital: EUR 25,566.00
Götz von Kayser
Oberdorf 58
D 53347 Alfter
Share: EUR 12,783.00
Shareholder:
Marcela von Kayser
Menzelstr. 7
D 14467 Potsdam
born: 26.09.1954
née: Plskova
Share: EUR 12,783.00
Marcela von Kayser
Menzelstr. 7
D 14467 Potsdam
having sole power of representation
born: 26.09.1954
née: Plskova
Profession: Businessman
Marital status: married
Manager:
Götz von Kayser
Menzelstr. 7
D 14467 Potsdam
having sole power of
representation
born: 22.03.1961
Profession: Lawyer
Marital status: married
Further functions/participations
of Marcela von Kayser (Manager)
Shareholder:
AIC Leasing & Finanz
GmbH
Menzelstr. 7
D 14467 Potsdam
Legal form: Private
limited company
Share
capital: EUR 400,000.00
Share: EUR 204,000.00
Registered
on: 27.11.2002
Reg. data: 14467 Potsdam, HRB 16394 P
Manager:
AIC Leasing & Finanz
GmbH
Menzelstr. 7
D 14467 Potsdam
Legal form: Private
limited company
Share capital: EUR 400,000.00
Registered
on: 27.11.2002
Reg. data: 14467 Potsdam, HRB 16394 P
Further
functions/participations of Götz von Kayser (Manager)
Shareholder:
AIC Leasing & Finanz
GmbH
Menzelstr. 7
D 14467 Potsdam
Legal form: Private
limited company
Share capital: EUR 400,000.00
Share: EUR 196,000.00
Registered
on: 27.11.2002
Reg. data: 14467 Potsdam, HRB 16394 P
Manager:
AIC Leasing & Finanz
GmbH
Menzelstr. 7
D 14467 Potsdam
Legal form: Private
limited company
Share capital: EUR 400,000.00
Registered
on: 27.11.2002
Reg. data: 14467 Potsdam, HRB 16394 P
05.07.1995 - 17.10.2002 AIC Consulting GmbH (AG Bonn, HRB 6979)
Poppelsdorfer Allee
114
D 53115 Bonn
Private limited
company
18.10.2002 - 20.07.2009 AIC Consulting GmbH
Menzelstr. 7
D 14467 Potsdam
Private limited
company
Main industrial sector
·
45110 Sale of cars and light motor vehicles
·
45190 Sale of other motor vehicles
·
46399 Non-specialized wholesale of food, beverages
and tobacco
·
4669 Wholesale of other machinery, equipment and
supplies
Payment experience: within periods customary in this trade
Negative information: We have no negative information at hand.
Balance sheet year: 2011
Type of ownership: Tenant
Address Menzelstr.
7
D 14467 Potsdam
Real
Estate of: Marcela von Kayser
Type of ownership: Tenant
Address Menzelstr.
7
D 14467 Potsdam
Real Estate of: Götz
von Kayser
Type of ownership: Tenant
Address Menzelstr.
7
D 14467 Potsdam
Land register documents were not
available.
SPARKASSE KÖLNBONN, KÖLN
Sort. code: 37050198, Account no.:
33315391, BIC: COLSDE33XXX
Turnover: 2010/2011 EUR 115,000,000.00
2011/2012 EUR 135,000,000.00
2012/2013 EUR 136,000,000.00
Profit: 2010/2011 EUR 22,612.00
further business figures:
Ac/ts receivable: EUR 111,800.00
Liabilities: EUR 53,360.00
Employees:
3
The aforementioned business figures may
partly be estimated information based on average values in the line of
business.
Balance sheet ratios 01.03.2011 - 31.12.2011
Equity ratio [%]: 0.82
Liquidity ratio: 1.07
Return on total capital [%]: 0.17
Balance
sheet ratios 01.03.2010 - 28.02.2011
Equity ratio [%]: 40.63
Liquidity ratio: 10.00
Return on total capital [%]: 13.79
Balance sheet ratios 01.03.2009 - 28.02.2010
Equity ratio [%]: 3.27
Liquidity ratio: 1.11
Return on total capital [%]: 3.48
Balance sheet ratios 29.02.2008 - 28.02.2009
Equity ratio
The equity ratio indicates the portion of
the equity as compared
to the total capital. The higher the
equity ratio, the better the
economic stability (solvency) and thus the
financial autonomy of
a company.
Liquidity ratio
The liquidity ratio shows the proportion
between adjusted
receivables and net liabilities. The
higher the ratio, the lower
the company's financial dependancy from
external creditors.
Return on total
capital
The return on total capital shows the
efficiency and return on
the total capital employed in the company.
The higher the return
on total capital, the more economically
does the company work
with the invested capital.
Type
of balance
sheet: Company balance sheet
Financial year: 01.03.2011 - 31.12.2011
ASSETS EUR 12,464,825.48
Current assets EUR 12,462,425.43
Accounts receivable
EUR 12,446,490.40
Other debtors and assets
EUR 12,446,490.40
Liquid means
EUR 15,935.03
Remaining other assets
EUR 2,400.05
Accruals (assets)
EUR 2,400.05
LIABILITIES EUR 12,464,825.48
Shareholders' equity
EUR 102,485.56
Capital
EUR 12,783.71
Subscribed capital (share capital)
EUR 25,566.00
thereof not yet paid-up capital
EUR 12,782.29
thereof uncalled outstanding
contributions EUR 12,782.29
Balance sheet profit/loss (+/-)
EUR 89,701.85
Profit / loss brought forward
EUR 68,922.87
Annual surplus / annual deficit
EUR 20,778.98
Provisions EUR 667,631.81
Liabilities
EUR 11,694,708.11
Other liabilities
EUR 11,694,708.11
Unspecified other liabilities
EUR 11,694,708.11
Type
of balance
sheet: Company balance sheet
Financial year: 01.03.2010 - 28.02.2011
ASSETS EUR 179,054.00
Current assets
EUR 174,859.00
Accounts receivable
EUR 111,800.00
Other debtors and assets
EUR 111,800.00
Liquid means
EUR 63,059.00
Remaining other assets
EUR 4,195.00
Accruals
(assets) EUR 4,195.00
LIABILITIES EUR 179,054.00
Shareholders' equity
EUR 81,707.00
Capital
EUR 12,784.00
Subscribed capital (share capital)
EUR 12,784.00
Balance sheet profit/loss (+/-)
EUR 68,923.00
Profit / loss brought forward
EUR 46,311.00
Annual surplus / annual deficit
EUR 22,612.00
Provisions
EUR 43,987.00
Liabilities
EUR 53,360.00
Other liabilities
EUR 53,360.00
Unspecified other liabilities EUR 53,360.00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.57 |
|
UK Pound |
1 |
Rs.103.34 |
|
Euro |
1 |
Rs.88.16 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with full
security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
---- |
NB |
New Business |
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This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors and their relative weights (as
indicated through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.